NEW
YORK, NY, August 3, 2016 /Sector Newswire/ - WestKam Gold Corp. (TSX-V:
WKG) (US Listing: ERRCF) (Frankfurt: OUH2)
this week announced that the Company is in talks with Kinross Gold
Corporation regarding a nearby milling facility for processing
material from WKG.V's new 10,000 tonne bulk sample program at its 100%-owned
Bonaparte Gold Project, located 50 km northwest of Kamloops in
British Columbia, Canada (excerpt copy of the August 2, 2016 release
entitled "WestKam Submits Bulk Sample Material to Kinross" may be viewed further
below). This news falls on the heels of the Company receiving
approval from the British Columbia Ministry of Energy and Mines to
advance the decline underground and that the required documents have
been submitted to initiate the 10,000 tonne bulk sample program. The bulk sample is proximal the
last two bulk samples which averaged 26.5 g/T and 16.28 g/T Gold,
testimony to the exceptionally high-grades contained within a series
of well-developed shear/fracture zones hosting near-surface quartz
veins. This week the Company stated it expects "to initiate
advancement of the decline in the coming days".

Kinross' Kettle River mill facility is the same facility that
processed a total of 364.6 dry short tons from the same deposit of
mineralized quartz vein material averaging 16.28 g/T Gold back in
2010; we anticipate we'll be seeing high-grade material, comparable
to what was yielded in past bulk samples, again being processed at
Kinross' Kettle River mill facility within 60 days, and
we expect WKG.V to have some spectacular new releases over the
coming months. More
importantly we see the big-picture unfolding quickly as the
development cuts a 10 by 12 foot drift through a series of
high-grade veins and stockwork (running in between), affirming in
the process the findings of a BCGS report that indicates the
property has potential for large copper-gold porphyry, similar in
nature as to what has been demonstrated at nearby Highland Valley
Mine (Teck) and New Afton Mine (New Gold).

Sector Newswire has
identified the following research links for additional DD on WestKam
Gold Corp.:

WestKam Gold Corp. has ~183.9 million shares
outstanding. The Company is fully financed
(over subscribed in its last financing) to
accomplish all near-term objectives, and shares of WKG.V are poised for upside
revaluation as the inherent value and accomplishments are
appreciated by the market.

Work on the property first commenced in 1985
following the discovery of high-grade gold in quartz at surface. 127
diamond drill holes in the 'Discovery Zone' alone, totaling 7,436.6
m, have encountered multiple high-grade drill intersections for gold
(e.g. 113.70 g/t over 0.87 m, 142.97 g/T over 1.2 m, 321.22 g/T over
0.56 m, 115.51 g/t over 1.07 m), revealing a series of gold-laden near-surface quartz veins. The
high-grade vein zones average two-to-three
meters in thickness and appear to be located 12 to 15 meters apart
within a larger regional structure. Exploration to date indicates
the zones are open to expansion in all directions, and a much larger
target zone, located east of the original Discovery Zone, was
identified in the 2015 drill program.

Bulk Sampling

#1) Averaged 26.5 g/T Gold -- In 1994
the Discovery Zone was open pit mined on the Grey Jay/Crow Vein
system. A total of 3,700 metric tons of mineralized quartz vein
material was shipped to the Cominco Smelter in Trail BC, yielding
~98kg (3,160 oz Au) of gold. The bulk sample was halted as they were
deep in the pit and needed to go underground. The shipped ore to the
smelter graded 26.5 g/T Au.

Mining MarketWatch Journal notes very encouraging
observation from past operator at the time of the first bulk
sampling in 1994;the material which
appeared waste at first, as visibly not part of the main vein, when
tested was running ~7 g/T gold (historic, predates NI43-101) for the
~100 m section they needed to chew through to get to the high-grade
vein. That material was left behind and only the higher-grading
hot-spot vein material was transported (thus the 26.5 g/T Gold
average yield), however this observation makes the next bulk sample,
setting-up for this 2016, extremely exciting as it is these large
swaths of stockwork material running full of stringers found in
between the main quartz veins that will determine what may become
the next big mine in B.C.

#2) Averaged 16.28 g/T Gold -- In 2010 a
second bulk sample shipment from the Grey Jay / Crow vein system was
trucked to the Kinross Mill located in Washington State for
processing. A total of 364.6 dry short tons of mineralized quartz
vein material averaging 0.475 oz/ton Au were processed yielding
161.95 troy ounces of gold at a recovery rate of 93.51%.

WKG.V has a green light to go and
unfold the story without diluting the share structure.

This Q2-2016, WestKam received an underground Bulk Sample Permit
from the BC Ministry of Energy and Mines, allowing for the
extraction of 10,000 tonnes of ore from the Bonaparte Project. The
permitted design of the Bulk Sample program includes extension of
the existing decline approximately 245m through to the Grey Jay /
Crow vein system.

WKG.V already has the portal collared and is
underground ~100 m, running at ~15% decline, and from that 100 m
point WKG.V will be drifting another ~245 m of development,
cross-sectioning all the veins on the property, going through the
ore body and seeing how the whole picture looks, and transporting
high-grade vein material to the mill. As these are the same veins,
there is no reason not to expect grades similar in nature to what
was encountered on the first two bulk samples, and we expect WKG.V
to come out well ahead financially once completed (the 1994 bulk
sample yielded over 3,000 oz gold and was only 3,700 tonnes, this
bulk sample should be 10,000 tonnes). There is at least one known
blow-out/jewelry box section in the Crow/Grey Jay vein that WKG.V
will exploit along the way, and all the other veins have never been
mined. By placing vent raises (ventilation shafts to surface)
through high-grade vein structures and areas full of stringers, like
the Nutcracker vein, the Company will maximize yield.

As exciting are the riches of this bulk sample,
the more important and lucrative prospect for shareholders will be
the development the bulk sample provides and story that unfolds that
can shed light on the bigger picture and prove up the prospect of
this becoming the next big mine in BC, attracting major area
stakeholders/potential suitors and popping the share price. The bulk
sample should pay for the development and leave extra money to take
the project to another level.

The Company is aggressively moving forward;

Figure 3. (above) - Two
boom jumbo procured to make quick work of
underground development

Figure 4. (above) -
Facilities

Figure 5. (above) -
Upgraded Security

The property is
ready, and the Company has received clearance
from the British Columbia Ministry of Energy and
Mines to proceed. Road and ramps are built,
containment for fuel is up to code, upgraded
bunkhouse is in place, entrance to portal
cleaned up, dewatering is complete, security is
upgraded, equipment is in place, and the
engineer report has been done. WKG.V should be
advancing the decline underground for the
beginning of this August, and is currently in
talks with Kinross Gold Corporation regarding a
milling facility for processing material.

Discovery Zone Cu-Au
Porphyry Target Extended- The known 'Discovery Zone' area appears to be
only the tip of the iceberg. IP, magnetic, and geochemical surveys
have revealed a cornucopia of attractive drill targets and affirm
the findings of a BCGS report that indicates the property has
potential for large copper-gold porphyry.

Figure 6. (above) - Annotated map showing
select IP and magnetic geophysical survey anomalies.
Volterra 3D IP and ground magnetic surveys have substantially
extended the strike length of the high-grade Discovery gold zone
trend. The extent of the zone's chargeability and resistivity
anomalies has now been traced 1.2 kms from the Discovery Zone to the
south-southeast, and the zone remains open. Several parallel
features of similar chargeability and resistivity signatures have
also been identified. Additionally, southwest of the Discovery Zone
is a large magnetic anomaly comprised of extreme highs and lows with
coincident IP chargeability responses under a younger basalt cap.
These results suggested potential for a multi-phase intrusive.

The New 'Cooler Creek' Zone

Figure 7. (above) - Annotated map showing
select magnetic geophysical survey anomalies superimposed on an
outline of the geochemical trend. The Cooler Creek Canyon has an
area of resistivity and chargeability anomalies and also contains
part of the 2km long Cu-Au-Mo geochemical trend

A seven-hole, 583.22 metre, drill program
carried out in the fall of 2015, discovered a new vein ~450 metres
east of the Crow/Grey Jay/Owl veins of the Discovery Zone. This new
vein discovery at 'Cooler Creek' from DDH-15-05 (see November 16, 2015 News Release "Assaying
0.253 oz/t Gold, 38.4 g/t Silver, 0.33% Copper and 28.6 g/t
Tellurium, over 1.0 meter") lies
within an anomalous IP resistivity, chargeability and Au/Cu
geochemical trend which extends 1.2 kms to the south-southeast and
is open both northward and southward. WKG.V has plans to drill and
expand upon this new discovery vein.

WKG.V shareholders are in for an exciting
second half of 2016 as the development from the 10,000t bulk
sampling of the Discovery Zone is likely to bring insight and
discovery that has the potential to catapult the Company's share
price.

------ ------ ----- ------ ------ ------

Recent
(August 2, 2016) news from WestKam Gold Corp.:

WestKam
Submits Bulk Sample Material to Kinross

VANCOUVER, BRITISH COLUMBIA--(Marketwired - August 2,
2016) -WestKam
Gold Corp.(TSX
VENTURE:WKG) (the "Company"or "WestKam")
announced today that the Company is in talks with
Kinross Gold Corporation regarding a milling facility
for processing material from the bulk sample program at
WestKam's Bonaparte Gold Project near Kamloops, British
Columbia. WestKam has submitted several kilograms of ore
grade material for metallurgical test work at Kinross'
Kettle River mill facility in Washington State.

"This
represents a key step in furthering the project,"
said Matt Wayrynen, WestKam's President and CEO. "Kinross
has visited the site for evaluation, and we are working
with them to submit additional samples. Also, our site
commissioning is nearing completion, and we expect to
initiate advancement of the decline in the coming days."

Recent progress at Bonaparte has included
a number of safety initiatives, working in conjunction
with the Mines Inspector and Ministry of Energy and
Mines, as well as mapping and other preparatory work.

About WestKam Gold Corp.

WestKam is a Canadian gold exploration
company focused on developing the Bonaparte Gold Project
near Kamloops, British Columbia. Additional information
can be found on the Company's website atwww.westkamgold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

Matt Wayrynen, President

Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.

Forward-looking information

All statements included in this press release that
address activities, events or developments that the
Company expects, believes or anticipates will or may
occur in the future are forward-looking statements.In
particular, this news release contains forward-looking
information regarding the Offering and the use of
proceeds of the Offering.These
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future developments and other factors it believes are
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